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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Bear Market Rally (-75) - USDIQD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDIQD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid USDIQD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDIQD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDIQD
Open High Low USDIQD Price Change
1460 1460 1460 1460 0
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term down The long-term trend has been DOWN since Sep 15th, 2021 at 1452.0350

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 1456.3708

short term up The short-term trend has been UP since Oct 12th, 2021 at 1461.0000

Smart Scan Analysis for USDIQD

Based on our trend formula, USDIQD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1460 1460 1460 1460 0
Prev. Close Volume Bid Ask Time
1460 2021-10-19 10:48:50
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